Get credit card rewards to work in your favor
The heavy competition in the credit card segment has fueled credit card issuers to come up with numerous rewards to lure newer customers and retain old ones. Though most of the rewards can work to the benefit of consumers, most of them are unaware of how to get it to work for them. With the rewards getting bigger and better with each passing day, understanding how to make the most of it can work in favor of consumers.
While signing up for the card, ensure you find out from the banks about redeeming rewards. Understand the various options available before hand so you can be prepared when you need the rewards the most. If you are planning on a road trip with your friends, amassing points on your card to redeem for free fuel can save you a significant amount of money that you can splurge for other things on the trip.
Use cash back rewards cards for wedding shopping since you can get back a part of the amount spent that can be put to other use. Not only will this reduce the debt on the credit card, it will also give you better value for every dollar spent.
Banks are coming up with innovative rewards for using credit cards for almost all your payments. Customers who used their cards for making tax payments were offered better reward points or gift certificates. Keep a track of your usage to claim loyalty bonus points after a certain amount of time.
Latest Credit Card Rewards News
M1 Finance has made its popular Owner’s Rewards Card even more enticing with seven new brands to earn accelerated cash back on purchases. The M1 Owner’s Rewards Visa® Signature Card is one of the more tempting fintech and investment rewards credit cards on the market today. Launched in the summer of 2021, the card offers […]
Rotating category credit cards are cash back credit cards that offer their highest cash back percentage in shopping categories that rotate on a regular basis, often quarterly. The major credit card issuers have already opened registration for Q1 2022 rotating bonus categories on their popular cash back credit cards. The first quarter is active from […]
The good news for American Airlines’ frequent flyers and Citi ThankYou Points fans: Citibank has added American Airlines as a new transfer partner for its ThankYou Rewards program. Transferred ThankYou Points can be used to secure flights, flight upgrades, vacation packages, hotel stays, car rentals and more through the American Airlines AAdvantage program. Although this […]
The SoFi Credit Card was introduced in October 2020, and now it is open to anyone interested in applying. SoFi has used the time since the limited release to improve and refine their credit card based on feedback they received from first members. The SoFi Credit Card became available to the general public on March […]
American Express has rolled out a heap of new perks for the following group of its co-branded travel credit cards: Delta SkyMiles, Hilton Honors, and Marriott Bonvoy cards. The deals are available to owners of the participating Amex cards issued before Jan. 1, 2021. Depending on the card, eligible holders can receive from $5 to […]